“Do not permit the events of your daily life to bind you, but never withdraw yourself from them.” – Zen Proverb
Nice action no gold yesterday, as discussed in our Into FOMC post, this is the time of the year swingers will be out in full force. The 1250 mark remains pivotal to hold the 1250/1300/1350 range and all eyes will be on the weekly close now.
Another constructive day for Crude shorts as the 55 mark continues to attract in the post OPEC buy the rumor sell the news move.
Speaking of buy the rumor sell the news, DXY still looking for direction at the 200WMA:
Remember to not let the market lull you into complacency; vol will be back when you least expect it.
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